Senior Accounts Executive

• At least 3 years
• The applicants should have experience in the following business area(s): Multinational Companies, Overseas Companies

• Bachelor of Business Administration (BBA) in Accounting, Finance

CACC

• At least 3 years
• The applicants should have experience in the following business area(s): Multinational Companies, Overseas Companies

• Age At least 18 years

ABOUT US

• VisionSpring increases lifelong earning, learning, safety, and well-being through eyeglasses for people vulnerable to poverty.

• We believe in the wonder of clear vision for everybody.    

• We sell and deliver radically affordable optical products and services and develop markets for eyeglasses—a 700-year-old technology that has failed to reach 1 billion people in need of vision correction, most of whom live on less than $4 a day.

• We serve low-income consumers, not as beneficiaries but as customers. Our customers expect quality, affordable products and eyecare services, and will spend limited discretionary income for the immediate and tangible benefits of vision correction.

• As a social enterprise, we are purpose first. We blend philanthropic and earned revenue, draw on non-profit and business practices, and use sales and efficiency metrics and social impact measures to bring vision correction to ever more people.

• We catalyze collaborative action in an expansive, multisector partner network and use our evidence and experience to influence systems change and close the global clear vision gap.

• We believe in scaling our impact, not our organization. We are a lean team of doers.

Are you ready to use your financial and accounting expertise to restore vision for millions of people in frontier and emerging markets? Would you like to work for an organization combining the best business and social impact practices?

VisionSpring, a global social enterprise dedicated to making vision correction accessible to everyone, is seeking a motivated and detail-oriented Senior Accounts Executive, to join our Finance & Accounts team in Bangladesh.

The Senior Accounts Executive is responsible for maintaining accurate accounting records, processing financial transactions in SAP, managing vendor accounts, ensuring tax and VAT compliance, performing reconciliations, and supporting audits and statutory reporting.

The position plays a critical role in maintaining financial integrity, ensuring timely payments, and supporting the organization's financial reporting and compliance requirements. This is a full-time contractual position, and the incumbent will report to the Senior Manager, Finance and Accounts.

The individual should have sufficient knowledge and skills to:

·       Accuracy and timeliness of SAP transaction postings.

·       Timely processing and uploading of vendor bills.

·       Accuracy of vendor master maintenance.

·       Timely completion of vendor and bank reconciliations.

·       Accuracy of TDS and VAT calculations.

·       Timely filing and reconciliation of monthly VAT returns.

WHAT YOU’LL DO

Accounting and SAP Transaction Processing

·       Record and post accounting transactions accurately and timely in SAP.

·       Prepare and process journal entries, payment entries, accruals, adjustments, and reclassification entries.

·       Ensure all financial transactions are properly coded and supported with adequate documentation.

·       Review transaction documents for completeness and compliance before posting.

·       Assist in monthly, quarterly, and annual financial closing activities.

Processing and Payment Administration Invoice

·       Review, verify, and upload vendor bills into SAP for payment processing.

·       Ensure invoices are approved according to the delegated authority matrix and organizational policies.

·       Monitor payment schedules and coordinate timely vendor payments.

·       Follow up with internal stakeholders regarding missing or incomplete documentation.

·       Maintain proper records of all processed payments and supporting documents.

Vendor Master Data Management

·       Create, update, and maintain vendor master records in SAP.

·       Verify vendor information and supporting documentation before creating new vendor accounts.

·       Ensure vendor master data is accurate, complete, and regularly updated.

·       Conduct periodic reviews of vendor records to prevent duplication and data inconsistencies.

Vendor Ledger Reconciliation

·       Perform regular reconciliation of vendor ledgers.

·       Investigate and resolve discrepancies between vendor statements and organizational records.

·       Reconcile supplier balances and ensure timely clearance of outstanding items.

·       Maintain reconciliation schedules and supporting documentation.

Bank Reconciliation and Cash Management

·       Prepare daily bank reconciliation statements and investigate variances.

·       Monitor daily bank transactions and ensure timely recording in SAP.

·       Coordinate with banks regarding transaction-related issues and unresolved discrepancies.

·       Maintain updated bank balances and cash position reports.

Tax, TDS, and VAT Compliance

·       Calculate Tax Deducted at Source (TDS) and Value Added Tax (VAT) applicable to vendor payments.

·       Ensure accurate deduction of taxes and VAT in accordance with Bangladesh tax and VAT regulations.

·       Prepare schedules for TDS and VAT payments.

·       Maintain tax deduction records and support documentation.

·       Coordinate with relevant authorities and stakeholders regarding tax-related matters when required.

VAT Return Preparation and Compliance

·       Prepare monthly VAT schedules and supporting reports.

·       Assist in filing monthly VAT returns within statutory deadlines.

·       Reconcile VAT payable, input VAT, and VAT returns with accounting records.

·       Maintain VAT registers, challans, submission records, and supporting documents.

·       Support compliance with all applicable VAT regulations and reporting requirements.

Financial Reconciliations and Reporting

·       Prepare account reconciliations including vendor, bank, tax, VAT, and other control accounts.

·       Generate SAP reports and support schedules for management review.

·       Assist in preparing monthly financial reports and analysis.

·       Support month-end and year-end closing procedures.

Audit Support

·       Provide accounting records, schedules, reconciliations, and supporting documents for internal and external audits.

·       Extract and compile financial data from SAP in required formats.

·       Prepare audit schedules and respond to auditor queries.

·       Support implementation and follow-up of audit recommendations.

·       Ensure timely submission of audit-related information and documentation.

Internal Controls and Compliance

·       Ensure compliance with VisionSpring financial policies, procedures, and internal controls.

·       Maintain proper filing and achieving accounting records.

·       Support continuous improvement of accounting processes and controls.

·       Protect confidentiality of financial information and organizational records.

Other Duties

·       Support finance team initiatives and process improvement projects.

·       Assist in donor reporting and grant-specific financial documentation where required.

·       Perform any other accounting and finance-related responsibilities assigned by the supervisor.

• Weekly 2 holidays,Insurance,Mobile bill
• Festival Bonus: 2